Search This Blog

Allied Market Research is a global market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions”.

The Therapeutic Market For Anti –Inflammation Expands To Promise Relief

Today,
growing concerns over diseases such as arthritis, IBS, respiratory diseases, Psoriasis
and more have become the key market drivers for the growth of anti-inflammation
therapeutic industry. Furthermore, a report published by “IMS Health “, the
total pain management drugs or pharmaceutical industry , in United States alone
was valued at $18.2 billion in the year 2012. The existing medications to treat
pain, majorly comprises of anti-inflammatory biologics, NSAIDs as well as COX
inhibitors. Furthermore, while the NSAIDs are used to treat the mild to
moderate inflammation opioids are found useful in treating moderate to severe
pain.

A study
carried out by “La Merie Publishing”, shows that the total sales of the
biologics in figure in 2014 was approximately US$ 141 billion. The same study
reveals that the biologic market generated up to US$ 140 in 2013. Similarly, the
demand to relief inflammation and pain has gained great momentum with a rise of
nearly 12.9 percent for the anti- TNF antibodies, coupled with a hike of 20.1
percent for other anti-pain and inflammatory antibodies. Moreover, over US$ 47
billion in figures was generated by the total of different anti-inflammatory
antibodies by the end of 2014. Gustav Ando an analyst in IHS, commenting on the
expanding biologics market said: “The industry is becoming increasingly
involved in biological drugs. We're seeing a lot of dramatic breakthroughs in
the science of biologics."

Apart from
this the NSAIDs (Nonsteroidal Anti-Inflammatory Drugs) are most commonly used
drugs to relief osteoarthritis, which is a most popular form of arthritis as
well as mild pain. The NSAIDs can cost
anywhere between $4 to $1,5000 every month. Etoricoxib which is the widely sold
NSAIDs and accounted for about 14 percent sales in countries such as Malaysia,
Bangladesh and Hong Kong reveals a study conducted by the “William Harvey
Research Institute”. The same study indicated that the sales of etoricoxib
accounts for nearly 28 percent in Singapore. According to a report published by
Allied Market Researchtitled “World Anti-Inflammatory Therapeutics - Market
Opportunities and Forecasts, 2014 – 2020,” the aforementioned market would see
a CAGR of 5.8 percent during the forecast period 2014 to 2020.

Popular posts from this blog

Over the past few years medical sensors have become smaller. The MEMS (or Microelectrical-mechanical systems) have been popular in medical equipment, from stents to chemosensor. Even the capsule endoscopy systems comes with a miniature camera as well as radio technologies. These systems captures the images of human digestive tract from the inside. Latest discoveries in the data analytics, material science and equipment engineering collectively promise a much smaller and modish sensor. The recent development in miniaturization assures biocompatibility. Medical experts believe that the smaller the system, the less likely it would interfere with the immune mechanism. This is true for capsule endoscopy used to take images of the entire gastrointestinal tract. PillCam® SB launched by Covidien boasts of vitamin –sized, wireless pill design that can improve the diagnosis for small bowel diseases. Recently, a Vanderbilt University engineer, Pietro Valdastri received $1.5 million as grant to c…

Contactless
Payments Market by Device Type and Industry Vertical: Global
Opportunity Analysis and Industry Forecast, 2017-2023, the global contactless
payments market was valued at $6,734 million in 2016, and is projected to reach
at $25,565 million by 2023, growing at a CAGR of 21.2% from 2017 to 2023. In
2016, the mobile devices segment accounted for the highest revenue share in the
contactless payments market.

Consumers as well as enterprises have increasingly adopted
number of ways for convenient and secure payments. One of such medium is a
contactless system that has revolutionized the retail and transportation
industries in the past few years. Get the PDF brochure of this market
insight: https://www.alliedmarketresearch.com/request-sample/2513
The global contactless payments market is driven by
convenience in processing low-value payments, increased revenue opportunities,
and reduced transaction time. However, high costs involved for the deployment
of EPOS terminals and lack of t…